Anti money laundering law is effective from 1st January 2013

The Law on Prevention of Money Laundering (No. 07/2012/QH13)/ has been passed on 2nd July 2012 by the Parliament with an intention to prevent and detect individuals and organizations indulging in acts of money laundering and ensure anti-money laundering. The law is applicable to the individuals, institutions and organizations dealing with financial transactions and business, […]